In China electric trucks overtake gas
China’s industrial vehicle market is undergoing a structural transformation, with electric models surpassing those powered by liquefied natural gas for the first time in new registrations. In 2025, LNG truck sales reached around 198,700 units, up 11.6% year on year, but their market share fell to 24.8%, down 4.85 percentage points. Over the same period, new energy trucks, mainly electric, totalled 231,100 units, rising by 182% and pushing their share to 29%. The expansion of liquefied natural gas during the 13th and 14th Five-Year Plans had been supported by its cost advantage over diesel, particularly in central and western regions. However, the strengthening economic and operational competitiveness of electric vehicles is now reshaping the balance, with adoption spreading from the south-eastern coastal regions to central and northern provinces. Local policies have accelerated the transition: in 2024 Shanxi mandated priority use of new energy vehicles for coal transport within 300 km, and around ten provinces grant preferential road access and incentives for charging and battery swapping infrastructure.
Msc opens logistics hub in Puglia
Mvn, the industrial logistics company controlled by Msc, has taken space in the new logistics hub in Modugno, in the province of Bari, within the Adriatic Special Economic Zone. According to Bain Capital and Stoneweg, the transaction was carried out through the joint venture through which the two operators invest in the Italian market, with Stoneweg also acting as adviser to the Italy Value Add Logistics Fund managed by Savills Investment Management Sgr. Mvn has leased 14,000 square metres under a fourteen-year contract with an option to extend for a further six years, bringing the complex to full occupancy. The hub has obtained Leed Gold certification and comprises four units with an internal height of 12 metres. The facility also includes 26 electric vehicle charging stations and LED lighting.
Phse strengthens operations in Germany
Phse is expanding its presence in radiopharmaceutical logistics with the acquisition of Tks, a German company specialising in the transport of dangerous goods, radioactive materials and radiopharmaceuticals, based near Frankfurt Airport. The transaction was carried out through its subsidiary Mfi Moving Forward International, acquired in October 2024, and aims to strengthen operational capacity in Germany and across key European markets. The integration enables Mfi to incorporate qualified drivers, specialised administrative staff and a fleet dedicated to the transport of sensitive products, expanding coverage across Germany, Austria, the Czech Republic, France, the Netherlands and Belgium. Phse identifies the strengthening of its transport network in Germany and the expansion of its global activities in nuclear medicine as strategic priorities, in line with a long-term growth plan in radiopharmaceutical logistics. As part of the reorganisation, Andreas Rückfert, currently head of Tks, will take on the role of Head of Transport Division for Mfi Germany, contributing specialist expertise to the new structure. The transaction comes as oncology therapies and nuclear medicine diagnostics require operational precision and non-negotiable delivery times across the entire transport chain.
